National Bank launches Balaka Exchange in Singapore
Friday, 13 July 2007
FE Report
Balaka Exchange Pte Ltd (BEPL), owned by National Bank Limited (NBL), has been inaugurated in Singapore.
High Commissioner of Bangladesh in Singapore Munshi Faiz Ahmed and NBL Chairperson Parveen Haque Sikder jointly inaugurated the exchange house.
NBL Director Zakaria Taher, Managing Director M Aminuzzaman, and Executive Vice President and Head of International Division Shamsul Huda Khan along with BEPL Director Sohel Hasan were also present on the occasion.
BEPL will facilitate remittances by the Bangladeshi expatriates residing in Singapore through EFT (electronic fund transfer) system with the help of the NBL branches to their family members and relatives in the country.
Since inception NBL has been providing the remittance services to the Bangladeshi expatriates living across the world, and has achieved a remarkable position in connection with flow of inward remittances to the country's private banks, said a press release.
Balaka Exchange Pte Ltd (BEPL), owned by National Bank Limited (NBL), has been inaugurated in Singapore.
High Commissioner of Bangladesh in Singapore Munshi Faiz Ahmed and NBL Chairperson Parveen Haque Sikder jointly inaugurated the exchange house.
NBL Director Zakaria Taher, Managing Director M Aminuzzaman, and Executive Vice President and Head of International Division Shamsul Huda Khan along with BEPL Director Sohel Hasan were also present on the occasion.
BEPL will facilitate remittances by the Bangladeshi expatriates residing in Singapore through EFT (electronic fund transfer) system with the help of the NBL branches to their family members and relatives in the country.
Since inception NBL has been providing the remittance services to the Bangladeshi expatriates living across the world, and has achieved a remarkable position in connection with flow of inward remittances to the country's private banks, said a press release.